Definition of giro noun from the Oxford Advanced Learner's Dictionary

     

    giro

     noun
    noun
    BrE BrE//ˈdʒaɪrəʊ//
     
    ; NAmE NAmE//ˈdʒaɪroʊ//
     
    (pl. giros)(British English) Banking
     
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  1. 1[uncountable] (finance) a system in which money can be moved from one bank or post office account to another by a central computer to pay by giro a giro credit/payment/transfer See related entries: Banking
  2. 2(also giro cheque) [countable] a cheque that the government pays through the giro system to people who are unemployed or sick, or who have a very small income It is easy for families to run out of money before the weekly giro arrives.
  3. Word Origin late 19th cent.: via German from Italian, ‘circulation (of money)’.